Global Plant Factory Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2033
The global Plant Factory market size was valued at USD 138 million in 2022 and is projected to reach USD 196 million by 2033, growing at a CAGR of 7.0% during the forecast period.
The global plant factory market refers to the market for advanced indoor farming systems that utilize controlled environments, artificial lighting, and precise cultivation techniques to grow crops. Plant factories, also known as vertical farms or indoor vertical farms, offer efficient and sustainable methods of crop production, enabling year-round cultivation and maximizing yields. There is a growing consumer preference for locally sourced, fresh, and pesticide-free produce.
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